HFCL Ltd

The contract has been awarded by an international customer and involves the supply of optical fiber cable-based connectivity solutions tailored to the customer's specifications. The order is scheduled to be executed by December 2026. The company said the contract has been awarded under general contract conditions and does not involve any related-party transaction. HFCL also clarified that neither its promoters nor promoter group companies have any interest in the entity awarding the contract. The latest order strengthens HFCL's international order book and underscores its growing presence in the global optical networking and data centre infrastructure market. HFCL is a diversified telecom infrastructure enabler with businesses spanning telecom infrastructure development, system integration, and the manufacture and supply of high-end telecom equipment, optical fiber, and optical fiber cables (OFC). On a consolidated basis, HFCL reported net profit of Rs 178.50 crore in Q4 March 2026 as against net loss of Rs 81.43 crore in Q4 March 2025. Net sales surged 127.81% YoY to Rs 1824.12 crore in Q4 March 2026. Powered by Capital Market - Live

HFCL has secured export order worth USD 51.98 million (equivalent to Rs 495.80 crore), for the supply of optical fiber cable based data centre connectivity solutions, through its overseas wholly owned material subsidiary, from a renowned international customer.

HFCL Ltd lost 3.88% today to trade at Rs 207. The BSE Telecommunication index is down 0.67% to quote at 3615.08. The index is up 1.5 % over last one month. Among the other constituents of the index, Sterlite Technologies Ltd decreased 2.08% and Bharti Hexacom Ltd lost 1.45% on the day. The BSE Telecommunication index went up 14.61 % over last one year compared to the 8.33% fall in benchmark SENSEX. HFCL Ltd has added 15.16% over last one month compared to 1.5% gain in BSE Telecommunication index and 3.05% rise in the SENSEX. On the BSE, 2.4 lakh shares were traded in the counter so far compared with average daily volumes of 26.45 lakh shares in the past one month. The stock hit a record high of Rs 220.1 on 22 Jun 2026. The stock hit a 52-week low of Rs 59.83 on 23 Jan 2026.Powered by Capital Market - Live

HFCL Ltd rose 3.85% today to trade at Rs 213. The BSE Teck index is up 0.97% to quote at 14670.83. The index is down 1.82 % over last one month. Among the other constituents of the index, Mphasis Ltd increased 1.49% and Coforge Ltd added 1.16% on the day. The BSE Teck index went down 21.4 % over last one year compared to the 6.48% fall in benchmark SENSEX. HFCL Ltd has added 31.64% over last one month compared to 1.82% fall in BSE Teck index and 1.82% rise in the SENSEX. On the BSE, 1.22 lakh shares were traded in the counter so far compared with average daily volumes of 26.12 lakh shares in the past one month. The stock hit a record high of Rs 220.1 on 22 Jun 2026. The stock hit a 52-week low of Rs 59.83 on 23 Jan 2026.Powered by Capital Market - Live

HFCL Ltd gained 4.1% today to trade at Rs 218.25. The BSE Telecommunication index is up 0.94% to quote at 3778.4. The index is up 10.15 % over last one month. Among the other constituents of the index, Railtel Corporation of India Ltd increased 2.36% and Pace Digitek Ltd added 2.03% on the day. The BSE Telecommunication index went up 24.32 % over last one year compared to the 6.37% fall in benchmark SENSEX. HFCL Ltd has added 47.37% over last one month compared to 10.15% gain in BSE Telecommunication index and 2.31% rise in the SENSEX. On the BSE, 3.36 lakh shares were traded in the counter so far compared with average daily volumes of 27.19 lakh shares in the past one month. The stock hit a record high of Rs 220.1 on 22 Jun 2026. The stock hit a 52-week low of Rs 59.83 on 23 Jan 2026.Powered by Capital Market - Live

HFCL Ltd rose 4.98% today to trade at Rs 209.65. The BSE Telecommunication index is up 0.95% to quote at 3719.46. The index is up 10.31 % over last one month. Among the other constituents of the index, Sterlite Technologies Ltd increased 4.14% and Vodafone Idea Ltd added 0.67% on the day. The BSE Telecommunication index went up 25.73 % over last one year compared to the 5.74% fall in benchmark SENSEX. HFCL Ltd has added 50.5% over last one month compared to 10.31% gain in BSE Telecommunication index and 1.82% rise in the SENSEX. On the BSE, 4.44 lakh shares were traded in the counter so far compared with average daily volumes of 26 lakh shares in the past one month. The stock hit a record high of Rs 209.65 on 19 Jun 2026. The stock hit a 52-week low of Rs 59.83 on 23 Jan 2026.Powered by Capital Market - Live

The key domestic indices ended with moderate gains on Thursday, extending gains for fifth consecutive trading session, supported by easing crude oil prices and improving global sentiment. Investors' confidence boosted after U.S. President Donald Trump signed a memorandum of understanding (MoU) with Iran aimed at ending the conflict, easing geopolitical concerns. Market sentiment remained resilient despite the U.S. Federal Reserve's decision to keep interest rates unchanged while signaling the possibility of a rate hike later this year. The Nifty closed above the 24,150 mark. However, investors will keep a close watch on the annual general meeting (AGM) of Reliance Industries scheduled for Friday, 19 June 2026, while also monitoring monsoon progress, foreign institutional investor (FII) activity, and inflation trends for further market direction. Realty, PSU Bank and Pharma shares advanced while IT and metal stocks declined. As per provisional closing data, the barometer index, the S&P BSE Sensex advanced 254.36 points or 0.33% to 77,409.98. The Nifty 50 index rose 82.30 points or 0.34% to 24,168. In the five consecutive trading sessions, the Sensex jumped 4.85% and Nifty climbed 4.35%. The broader market outperformed the frontline indices. The BSE 150 MidCap Index gained 0.41% and the BSE 250 SmallCap Index added 0.67%. The market breadth was strong. On the BSE 2,425 shares rose and 1,811 shares fell. A total of 192 shares were unchanged. In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 94.3650 compared with its close of 94.5000 during the previous trading session. In the commodities market, Brent crude for August 2026 settlement declined $1.68 or 2.11% to $77.87 a barrel. Monsoon update: The India Meteorological Department (IMD) has forecast widespread monsoon rainfall over Mumbai and adjoining parts of Maharashtra by the end of June, indicating a delayed onset of the southwest monsoon in the city, where it typically arrives around June 10-11. Buzzing Index: The Nifty IT Index declined 1.19% to 28,466.45 as investors reacted to the US Federal Reserve's inflation outlook and growing expectations that interest rates could remain elevated for longer. The index increased 3.68% in the past three trading sessions. Infosys (down 2.62%), Persistent Systems (down 2.11%), Tech Mahindra (down 0.9%), Wipro (down 0.85%) and Tata Consultancy Services (down 0.81%) were the top losers. Among the other losers were Oracle Financial Services Software (down 0.45%), HCL Technologies (down 0.33%), Mphasis (down 0.28%) declined. Sentiment weakened after the US Federal Reserve kept interest rates unchanged on Wednesday, but signalled continued concerns over inflation. Policymakers indicated that borrowing costs could remain higher for longer as inflation stays above the central bank's 2% target. The cautious outlook weighed on Indian IT stocks, which derive a significant share of their revenue from North America. Investors worried that elevated interest rates could dampen discretionary technology spending by enterprises, affecting demand for IT services. Stocks in Spotlight: HFCL hit an upper circuit of 5% after the company announced that it has secured a contract worth approximately Rs 2,666.09 crore from Rail Vikas Nigam (RVNL) for the BharatNet Phase-III project in the Uttar Pradesh (West) Telecom Circle. FSN E-Commerce Ventures, the parent of Nykaa, jumped 5.85% after the company outlined its FY30 growth strategy. At its Annual Investor Day 2026, Nykaa outlined plans to deliver 2-3 times revenue growth and 4-5 times EBITDA growth by FY30, supported by operating leverage, capital-efficient investments and margin expansion. The company is also targeting a return on capital employed (ROCE) of over 40%. The beauty business, which exited FY26 with GMV of around Rs 15,000 crore, aims to grow GMV by 2-3 times by FY30. Nykaa Fashion, which reported FY26 GMV of Rs 4,954 crore, is targeting 3-3.5 times GMV growth by FY30 with potential high single-digit EBITDA margins and progressing towards 10%+ steady-state profitability. House of Nykaa, the company's portfolio of beauty brands, is aiming to surpass Rs 5,000 crore in net sales value by FY30. Superstore by Nykaa, the company's B2B distribution platform, plans to cross Rs 3,500 crore GMV by FY30. JBM Auto added 2.12% after the company's subsidiary JBM ECOLIFE Mobility, has successfully secured a Rs 750 crore long term strategic investment from Motilal Oswal Alternates, the alternative investment arm of Motilal Oswal Group. The investment will provide growth capital to accelerate JBM Ecolife's electric bus deployment and strengthen sustainable public transportation infrastructure across India. Mobavenue AI Tech shed 0.79% after the company said that it has secured a new international order worth approximately Rs 10.02 crore through its wholly owned UK subsidiary, Mobavenue Global Holdings. The engagement will be executed through the company's AI-powered consumer growth and technology platforms to support the customer's digital growth objectives. Lupin rose 2.83% after launching Azilsartan Medoxomil Tablets, 40 mg and 80 mg, in the United States following approval of its abbreviated new drug application (ANDA) by the US Food and Drug Administration (USFDA). Lemon Tree Hotels added 3.32% after the company said that it has announced the opening of a new hotel in Sri Ganganagar, marking the hospitality chain's entry into the city and strengthening its footprint in Rajasthan. Kirloskar Ferrous Industries (KFIL) rallied 7.20% after it has secured an international export order valued at around $13.51 million from a buyer based in London, United Kingdom. Under the contract, the company will supply 30,000 metric tonnes ('5%) of basic-grade pig iron on a Free on Board (FOB) basis. The order has been awarded by an international entity and is scheduled for execution with the final shipment to be completed by August 15, 2026. Global Market: Most European market declined ahead of interest rate decisions from the Bank of England and the Swiss National Bank, both scheduled later in the day. Meanwhile, official data released on Thursday showed that the U.K.'s unemployment rate eased to 4.9% in the three months to April from 5.0% in the preceding period. Asian market ended mixed on Thursday as the US Federal Reserve indicated the possibility of a rate hike this year. Wednesday marked the first meeting of the Federal Reserve with Kevin Warsh at the helm of the U.S. central bank. At the conclusion of the meeting, the Fed kept the benchmark federal funds rate unchanged and anchored in a range of between 3.5% and 3.75%. Policymakers' dot plot' revealed that several Fed officials now see interest rates increasing in 2026. The median estimate for the year-end interest rate now stands at 3.8%, up from 3.4% in prior projections from March, suggesting that at least one rate hike could be in the picture in 2026. Complicating the forecast was Warsh's decision to abstain from submitting a rate forecast. Overnight on Wall Street, stocks fell on Wednesday, while Treasury yields surged, as investors grew uncertain over the path of monetary policy after several Federal Reserve officials indicated there could be a rate hike this year to tamp down on inflation. The Dow Jones Industrial Average fell 507.12 points, or 0.98%, after earlier hitting a fresh all-time intraday record ' the index's third consecutive high. The 30-stock index closed at 51,492.55. The S&P 500 lost 1.21% and ended at 7,420.10. The Nasdaq Composite shed 1.34% and settled at 26,021.66.Powered by Capital Market - Live

The scope of work includes the supply, installation and commissioning of telecom equipment and related accessories; creation of an optical fiber cable telecom network; and maintenance of the project for 10 years, including a one-year warranty period. The contract is to be executed over a period of two years for implementation, followed by 10 years of operation and maintenance (O&M), including the warranty period. The company said the order is in addition to the Rs 2,167.65 crore contract awarded by RVNL in January 2025 for BharatNet Phase III projects in the Uttar Pradesh (East) and Uttar Pradesh (West) Telecom Circles. RVNL is a domestic entity, and the contract does not involve any related-party transaction. The promoter, promoter group and group companies of HFCL do not have any interest in the awarding entity. HFCL is a diversified telecom infrastructure enabler with businesses spanning telecom infrastructure development, system integration, and the manufacture and supply of high-end telecom equipment, optical fiber, and optical fiber cables (OFC). On a consolidated basis, HFCL reported net profit of Rs 178.50 crore in Q4 March 2026 as against net loss of Rs 81.43 crore in Q4 March 2025. Net sales surged 127.81% YoY to Rs 1824.12 crore in Q4 March 2026. RailTel Corporation of India was incorporated in 2000, with the objective of creating nationwide broadband and VPN services, telecom, and multimedia networks to modernize the train control operation and safety system of Indian Railways. The company's standalone net profit jumped 35.7% to Rs 143.52 crore in Q4 FY26, compared with Rs 105.78 crore in Q4 FY25. Revenue from operations rose 27.6% YoY to Rs 1,668.86 crore in Q4 FY26. Powered by Capital Market - Live

The key equity benchmarks traded sideways in early trade, tracking mixed global cues after the U.S. Federal Reserve kept interest rates unchanged while signaling the possibility of a rate hike later this year. Investors remained cautious and will closely monitor monsoon developments, FII activity, and inflation trends for directional cues. Nifty traded above the 24,050 mark. Barring IT index all the sectoral indices on he NSE were traded in green. At 09:25 IST, the barometer index, the S&P BSE Sensex fell 9.64 points or 0.02% to 77,134.48. The Nifty 50 index rose 2 points or 0.01% to 24,088.75. The broader market outperformed the headline indices. The BSE 150 MidCap Index gained 0.12% and the BSE 250 SmallCap Index added 0.49%. The market breadth was strong. On the BSE, 1,976 shares rose and 930 shares fell. A total of 190 shares were unchanged. Foreign portfolio investors (FPIs) sold shares worth Rs 101.59 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 1,561.40 crore in the Indian equity market on 17 June 2026, provisional data showed. Numbers to Track: The yield on India's 10-year benchmark federal paper rose 0.10% to 6.872 compared with previous session close of 6.865. In the foreign exchange market, the rupee edged lower against the dollar. The partially convertible rupee was hovering at 94.6275 compared with its close of 94.5000 during the previous trading session. MCX Gold futures for 5 August 2026 settlement fell 0.81% to Rs 152,639. The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was up 0.15% to 100.24. The United States 10-year bond yield declined 0.20% to 4.448. In the commodities market, Brent crude for August 2026 settlement fell $ 1.28 or 1.61% to $78.27 a barrel. Stocks in Spotlight: HFCL rallied 3.23% after the company has received a contract worth Rs 2,666.09 crore from Rail Vikas Nigam (RVNL) for the execution of the BharatNet Phase-III project in Uttar Pradesh. The scope of the contract includes the supply of telecom equipment and related accessories, the creation of an optical fiber cable telecom network, and maintenance of the project for 10 years. Lupin rose 0.93%. The company announced the launch of Azilsartan Medoxomil Tablets, 40 mg and 80 mg, in the United States following approval from the US Food and Drug Administration (USFDA) for its abbreviated new drug application (ANDA). The product is bioequivalent to Edarbi and is indicated for the treatment of hypertension in adults. Lupin is the exclusive first-to-file applicant for the generic version and is eligible for 180 days of generic drug exclusivity in the U.S. market. Balkrishna Industries shed 0.88%. The company announced the appointment of Saroj Kumar Khuntia as chief financial officer (CFO) and key managerial personnel (KMP) with effect from 18 June 2026. Meanwhile, Madhusudan Bajaj has ceased to be the company's CFO and KMP upon attaining the age of superannuation. Global Markets: Asian markets traded mixed on Thursday as the US Federal Reserve indicated the possibility of a rate hike this year. Wednesday marked the first meeting of the Federal Reserve with Kevin Warsh at the helm of the U.S. central bank. At the conclusion of the meeting, the Fed kept the benchmark federal funds rate unchanged and anchored in a range of between 3.5% and 3.75%. Policymakers' dot plot' revealed that several Fed officials now see interest rates increasing in 2026. The median estimate for the year-end interest rate now stands at 3.8%, up from 3.4% in prior projections from March, suggesting that at least one rate hike could be in the picture in 2026. Complicating the forecast was Warsh's decision to abstain from submitting a rate forecast. Overnight on Wall Street, stocks fell on Wednesday, while Treasury yields surged, as investors grew uncertain over the path of monetary policy after several Federal Reserve officials indicated there could be a rate hike this year to tamp down on inflation. The Dow Jones Industrial Average fell 507.12 points, or 0.98%, after earlier hitting a fresh all-time intraday record ' the index's third consecutive high. The 30-stock index closed at 51,492.55. The S&P 500 lost 1.21% and ended at 7,420.10. The Nasdaq Composite shed 1.34% and settled at 26,021.66.Powered by Capital Market - Live

HFCL has been awarded a contract amounting to Rs 2,666.09 crores by Rail Vikas Nigam (RVNL). This contract pertains to the BharatNet Phase-III project in the Uttar Pradesh (West) Telecom Circle. The scope of the Contract includes (i)Supply of telecom equipment and related accessories with installation & commissioning, (ii) Creation of Optical Fiber Cable Telecom Network and (iii) Maintenance of the project for a period of 10 years, including a 1-year warranty period. This contract is in addition to the earlier contract of Rs 2,167.65 crore awarded to the company by RVNL for BharatNet Phase-III projects in the Uttar Pradesh (East) and Uttar Pradesh (West) Telecom Circles.